Announced Fri, 3 Jul · 11:09 IST
Promoter Himanshu Parmar gets 5.34% via convertible warrants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Himanshu Parmar, promoter of Callista Industries Ltd, was allotted 16,00,000 convertible warrants at Rs 10 face value on 30 June 2026 via preferential allotment. This gives him 5.34 percent of the company's diluted capital. He held no shares or warrants before. Warrants can be converted to equity within 18 months at 1:1 ratio and Rs 10 per share conversion price.
Likely market impact
Shows promoter commitment and confidence. Future conversion could add 5.34% to equity base, causing mild dilution for existing shareholders.